Kazakhstan releases oil Sector information

In order to attract more investment to the Central Asian region, Kazakhstan will share information in the areas of oil and gas with neighbouring countries. The strategy is to expand the supply of services to companies in the region through the use of the outstanding Kazakh experience in the oil sector. The initiative will be led by local companies with the greatest experience in the field, those working in the large reservoirs of the country.

Kazakh companies have perfected the technique of cutting-edge technology and work with global company standards such as Chevron. The President of Kazakhstan has said countless times that he will do everything to ensure a stable environment in the country. According to him, having strong neighbours is synonymous with peace and prosperity to all.

The expectation is that by the end of this year, Kashagan, Karachaganak and Tengiz, together, have beaten the mark of 90 million tons of oil in production volume. One of the pillars of Kazakhstan's national economy is the exploitation of natural resources, mainly oil, gas and uranium.

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